BELGIUM – Donald Trump‘s address to the nation’s remarks on Iran war pushed the European natural gas prices to over 6% (over €50 [$58]) on Thursday, as markets reassessed risks. The Dutch TTF price rose to trade near €50.4 ($58.1) per megawatt-hour as of 0655GMT on Thursday. The jump came after natural gas prices had […]
Tag: Gold
Gold Mine Collapse in Sudan Kills 6
SUDAN – A gold mine collapse in Sudan’s South Kordofan late Friday killed at least 6 people, left 12 injured, with dozens unaccounted for, according to the Sudan Doctors Network. The NGO said in a statement: “A gold mine collapse in Abu Jubaiha has killed 6 miners and injured 12 others. The fate of dozens […]
1 Ounce of Gold Price up 2.1%
USA – The price of 1 ounce of gold rose by 2.1% on Monday Jan. 5, as geopolitical tensions continue to rise. The price of gold was $4,421 as of 0720GMT, increasing by around $90 per ounce from Friday to Monday. Tensions between the US and Venezuela have escalated to a new level, following Washington’s […]
Shanta Gold Kenya Limited Discovers Gold Worth Over $5B in Western Kenya
KENYA – British mining company Shanta Gold Kenya Limited announced on Wednesday that it had discovered gold worth over $5.28 billion (Sh683 billion) in Western Kenya’s Kakamega County. The firm said the discovery was made within the Lirhanda Corridor, a 1,200-kilometer mineral belt running through Kakamega and Vihiga counties, following years of intensive exploration and […]